JOB MARKET SURVEY

Job Market Survey



Job Market Survey

Introduction

Vietnam is a country having population of 90 million, among 60% of them are below the age of 35 which solely creates massive energy. Though Vietnam is a state of one party, but a very stable environment has been created by them for business and for job seekers. In 1986, free enterprise was opened up by them and in 2007; Vietnam joined the World Trade Organization which has promoted investment and has opened new channels for employment opportunities.

The continuous growth, in recent years, in the industrial sector and development of the service sector has rendered job prospects for foreigners in Vietnam. In term of job availability, Ho Chi Minh City and Hanoi, are two main leading cities across Vietnam. The other cities that also exert a pull on direct foreign investment include Binh Duong, Hai Duong, Dong Nai, and Ba Ria Vung Tau, which assures numerous opportunities of employment for expatriates.

Most of the growth in Vietnam falls out in construction, tourism, and information technology industries. Nonetheless, it does not imply that no job opportunities are available in other fields. There are also prospects in sectors of manufacturing, mining, water generation and power sectors for the reason that Vietnam is doing work in development of its natural resources, make clean water available and power generation that necessitates specialist skilled and educated workforce.

In addition, a lot of vacancies have also been available in garment industry, leather shoes, and printing industry for foreign managers and workers. At private language schools, there exists a long term need for teachers of English while in international primary and secondary schools there is a rising demand for subject teachers like mathematics, science, biology etc.

For management graduates from all over the world, there is a booming market for executive management positions there therefore, because of shortage of supply of local candidates; there is a high demand of foreign expertise. (Jobs in Vietnam, 2010, para 1-3)

An individual can also get a quantum leap up in the ladder of career in Vietnam in the sectors of marketing, media, design, advertising, digital and market research. Vietnam is a great place for setting up a career as people of Vietnam are very much eager to learn and share out their experience and respect the opinion of other people genuinely. In general, Vietnamese have a positive outlook. (The Graduate Recruitment Company, 2011, para 5)

Discussion & Analysis

Country Profile of Vietnam

Vietnam is a densely-populated, developing country located in Southeast Asia. In 1976, in the decade after reunification, the economy was in doldrums while from three decades of acrimonious independence wars, the country tried to make progress. Economic reforms were initiated by Vietnam in 1986, aspired at proceeding to a market economy from a planned economy. Remarkable advancement has been constituted in economic development, and the economy of country has turned out to be one of the fastest-growing in the world. Vietnam is an agrarian society by tradition, about 60 percent of the population is still employed in ...